During January, 7,000 Direct Labor Hours Were Worked at a Standard

question 86

Multiple Choice

During January, 7,000 direct labor hours were worked at a standard cost of $20 per hour.If the direct labor rate variance for January was $17,500 favorable, the actual cost per direct labor hour must be

• A) $17.50.
• B) $20.00.
• C) $22.50.
• D) $25.00.

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Definitions:

Social Scientifically

Pertaining to the use of scientific methods and principles to analyze and understand social phenomena.

Social Dilemmas

Situations in which individual interests are in conflict with collective interests, leading to challenges in decision-making.

Resource Management

The efficient and effective deployment and allocation of an organization's resources when and where they are needed.

Resource Dilemmas

Situations in which individuals or groups face decisions about how to share, distribute, or use limited resources.